Monthly Market Comments - Tuesday 01 September 2009

[RTFX-Trading]

EUR-USD	Currently uptrend should end around 1.4413 - 1.4505 area. A correction down to below 1.4103 is expected. A rise above 1.4677 will abort the expected correction.
USD-CHF	No comment!
GBP-USD	It looks more likely that it would rise to 1.6835 - 1.7384 from 1.6220 or 1.5945. After which a downside move is expected.
USD-JPY	Prefer a fall to 92.8300 or 91.1800. Then a correction to 95.4500 is anticipated. A clear break of 89.2400 is again bearish.
USD-CAD	It should test 1.1053 area after which a sell off down to 1.0672 or extended to 1.0406 area is expected.
NZD-USD	Currently uptrend should end around 0.7056 - 0.6968 area. A correction down to below 0.6664 is expected. A rise above 0.7084 will abort the expected correction.
AUD-USD	Currently uptrend should end around 0.8496 - 0.8560 area. A correction down to below 0.8237 is expected. A rise above 0.8681 will abort the expected correction.
EUR-JPY	Current move should be supported in 132.8150 - 130.8467 zone for a rise to 137.4067. A break below 128.2233 opens the way down.
EUR-CHF	Current move should be supported in 1.5157 - 1.5088 zone for a rise to 1.5318. A break below 1.4996 opens the way down.
EUR-GBP	Uptrend is still intact in a triangle configuration. It should continue to rally to 0.8856 or 0.8941 if support around 0.8698 hold. After which a pullback to 0.8698 - 0.8627 zone is possible.
GBP-CHF	Market should not go lower than 1.7200 - 1.6903. After this move down it should go up to 1.7669 - 1.7841 area.
GBP-JPY	Prefer a fall to 150.8600 or 146.7833. Then a correction to 157.3750 is anticipated. A clear break of 141.9067 is again bearish.
NZD-JPY	Resistances lie around 64.8650 and 65.6767. It should test lower towards 62.1767 zone. A clear break of 63.0400 would be bearish.
AUD-JPY	It looks more likely that it would rise to 81.4933 - 84.4067 from 77.6400 or 76.1833. After which a downside move is expected.
XAG-USD	Current rise seems to be over near 15.0500 or 15.5633 for a retracement towards 14.5367 - 14.2100 area.
XAU-USD	While below 961.6000 - 972.0334 it is more likely to fall further towards 930.4834 or 909.6167.

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.